Stamps more expensive after new loss for PostNL

Stamps more expensive after new loss for PostNL
Stamps more expensive after new loss for PostNL
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NOS Newstoday, 07:26

Sending a letter will become more expensive from July. In two months’ time, PostNL will increase the price of a stamp by five cents to 1.14 euros. PostNL announced this when publishing the figures for the first three months of this year.

It showed that the company has fallen into the red. In the first quarter, PostNL recorded a loss of 8 million euros. A year ago, in the same period, 4 million euros remained at the bottom line. At PostNL, turnover declined, while costs rose sharply. PostNL mainly attributes the latter to higher wages for delivery drivers.

Herna Verhagen, the company’s chief executive, says that “it is clearly time for change.” PostNL previously made a plea to no longer deliver letter mail within one, but within two days. “And over time, within three days.”

To achieve this, the law must first be amended. In the meantime, PostNL is increasing the price of stamps “because less and less mail is being sent and costs are rising rapidly”. The company emphasizes that the price increase is within the legal scope to adjust rates annually.

The article is in Dutch

Tags: Stamps expensive loss PostNL

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